Richard Botting Profile
Richard is 42 years old. He was born and educated in York and has been exposed to the world of finance from a very young age working for an eight-partner firm of Chartered Accountants during school holidays and for Peat Marwick Mitchell & Co (now KPMG) for a year before embarking on an accountancy degree at Huddersfield. He graduated with a second class honours (division 1) Bachelor of Arts degree.
He qualified as a Chartered Accountant in 1993 having moved to the Manchester area to undertake a training contract and has been employed within service and manufacturing companies in the north west of England since this time. Moving away from public practice and into a more commercial role in the early 1990s, he has become particularly familiar with relatively small companies (turnover between £3m and £15m), whether these be independent organisations or subsidiaries of publicly quoted companies ( UK and overseas). He is capable of performing all of the tasks within the accounts department of such businesses. He has also been a company secretary for a number of these organisations.
Given the nature of his career history Richard's skills cover a large range of activities. He has been employed on a number of occasions by companies which have identified weaknesses in their internal controls or believe that their profitability could be improved or a combination of the two issues. He relishes these opportunities and feels that he can make a difference - a sentiment confirmed by the shareholders and directors of the businesses in which he has been involved.
During the course of his career Richard has a proven track record of: |
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improving profitability |
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reducing working capital requirements |
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introducing new sources of funding |
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devising and implementing cost saving exercises |
Other projects that he has undertaken include the sale and purchase of land and buildings and the acquisition of businesses.
He has experience of dealing with most types of business stakeholders including private investors, receivers and banks.
Two years ago Richard set up a company called Bottom Line Corporate Services Ltd (BLCS) which offers clients a wide range of financial and administrative services. Clients of BLCS have included two charities in the south Manchester area, a high quality restaurant in central Manchester , a firm of architects, a provider of community care for people with learning disabilities and an organisation offering cosmetic surgery which has now raised £3m of venture capital in order to expand from its Cheshire base to become a national company. The positions undertaken for these clients range from acting as interim financial director to providing book-keeping and payroll services.
The projects include: |
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the setting up of systems for a new company |
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reducing managing the implementation of a new computerised accounts package working capital requirements |
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leading a project to engage a single supplier of temporary agency staff with an estimated annual saving of £0.4m |
